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General Category => Shares => Topic started by: Mr_Dividend on March 30, 2016, 04:16:02 pm

Title: New exchange to rival the JSE coming soon
Post by: Mr_Dividend on March 30, 2016, 04:16:02 pm

http://www.bdlive.co.za/business/financial/2016/03/30/first-new-exchange-licence-in-a-century-ushers-in-competition-for-jse

interesting. Getting in on the OTC action first.

Quote

The other two are the main board, similar to the JSE’s main board, but with a principles-based compliance model

Not sure I like the sound of that - but could be reading/understanding it wrong.

Wonder if trading cost will be cheaper. Could see EE jumping in.

Title: Re: New exchange to rival the JSE coming soon
Post by: Hamster on March 30, 2016, 05:39:46 pm

If I recall correctly when this was first mentioned in the news, one of ZAR X's main "selling points" was that it would be cheap and fast.